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Super-rich gain 'double dividend' from climate crisis, report finds

Original: Super-rich get ‘double dividend’ from causes and costs of # climate crisis, report finds https://www. theguardian.com/en

A new report by Oxfam argues the world's wealthiest people profit twice from the climate crisis: first from the polluting investments driving it, and again from the financial returns on the assets used to fund responses to it. The findings renew calls for higher taxes on the super-rich to pay for climate damages and adaptation.

Why now: A newly released Oxfam report on inequality and the climate crisis is drawing fresh attention ahead of renewed debates over taxing the wealthy for climate finance.

Oxfamthe super-rich

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• Super-rich get ‘double dividend’ from causes and costs of # climate crisis, report finds https://www. theguardian.com/environment/20 26/oct/27/super-rich-double-dividend-climate-crisis-oxfam · shonin@c.im · 3

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